NOT LISTED FOR SALE

135 E Spencer Rd Spencer, NY 14883

Estimated Value: $144,000 - $187,800

2 Beds
1 Bath
672 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $105,000 $156 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,037/month

169 Days on Market

Highlights

  • Beach Access
  • Pond
  • 1 Fireplace
  • 60 Acre Lot
  • Partially Wooded Lot
  • Cottage

About This Home

As of January 2023

This home is a rustic gem on beautiful acreage. This 2bed/1bath home features large windows, which bring in plenty of natural light, as well as a storage loft and full basement, and authentic finishes. The bedrooms are large enough for multiple beds, which would make it easy to host guests. The 60 acres is perfect for exploring, recreation and cooling off in South Branch Catatonk Creek, which runs through the property. While exploring, check out the pond with utmost privacy. In colder temperatures, keep warm in front of the gorgeous wood stove. This property is a perfect slice of idillic mountain life.

Last Agent to Sell the Property

Colby Gee

RE/MAX In Motion Brokerage Email: colbytherealtor@gmail.com License #10401304570 Listed on: 06/19/2022

RE/MAX In Motion

Last Buyer's Agent

Colby Gee

RE/MAX In Motion Brokerage Email: colbytherealtor@gmail.com License #10401304570 Listed on: 06/19/2022

RE/MAX In Motion

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,810

Year Built

  • Built in 1973

Lot Details

  • 60 Acre Lot
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Beach Access
  • Pond
  • Shed

Schools

  • Spencer-Van Etten Elementary School

Utilities

  • Heating System Uses Wood
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,810

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 60.0
  • Directions: From Ithaca take route 13 to W Danby rd and remain on the road to Spencer. Once at the 4 Corners in Spencer-take a left. Then a right on CR-7 and then a quick left on E Spencer rd. Property is through the trailer park.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Efficiency: Windows
  • Year Built: 1973
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: colbytherealtor@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Varies
  • Living Area: 672.0

Exterior Features

  • Lot Features: Other, See Remarks, Wooded, Pond
  • Waterfront Features: Beach Access
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Other Structures: Shed(s), Storage
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Electric, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Spencer-Van Etten Elementary
  • Junior High Dist: Spencer-Van Etten

Lot Info

  • Lot Size Sq Ft: 2613600.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2022
Closed on
Dec 30, 2022
Sold by
Daly Joseph P
Bought by
Olinger John M
Seller's Agent
Colby Gee
RE/MAX In Motion
Buyer's Agent
Colby Gee
RE/MAX In Motion
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%
Current Estimated Value
$158,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,854
Avg. Annual Appreciation
13.98%
Original Mortgage
$84,000
Outstanding Balance
$81,878
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$65,286
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Olinger John M $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olinger John M $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $105,000 -16.0% $156 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
06/19/2022 06/19/22 For Sale $125,000 -- $186 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,810 $143,100 $107,500 $35,600
2023 $47 $143,100 $107,500 $35,600
2022 $4,555 $143,100 $107,500 $35,600
2021 $4,773 $143,100 $107,500 $35,600
2020 $4,335 $143,100 $107,500 $35,600
2019 $1,855 $105,800 $77,500 $28,300
2018 $6,039 $105,800 $77,500 $28,300
2017 $3,767 $105,800 $77,500 $28,300
2016 $3,702 $105,800 $77,500 $28,300
2015 -- $105,800 $77,500 $28,300
2014 -- $105,800 $77,500 $28,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB406938

APN: 493489-069-000-0002-027-000-0000